Leading global IT service provider HCL Technologies, one of eight technology companies in the world to earn a revenue of over a billion dollars in 2014, opened its brand new development center in Tallinn today. The opening was attended by the President of Estonia Toomas Hendrik Ilves and Minister of Entrepreneurship Liisa Oviir.

The new development center will serve key clients from all over mainland Europe but mainly focus on financial sector customers in the Nordic and Benelux countries.

HCL Technologies' President of Financial Services Sales Rahul Singht said the company believes in investing in strategic locations like Tallinn, where the abundance of tech talent allows them to offer their clients the best possible service.

The newly opened branch in Tallinn is the ninth in Europe for the company that services more than 200 clients in this part of the world. It has 21 development centers in total.

The offices are located in Ülemiste City and will by the end of 2016 employ 100 specialists.

The company currently employs over 105,000 people in 31 countries. Last year it had a turnover of 6.1 billion US dollars.